All the borrowing and spending, borrowing and spending and more borrowing and spending during the George Bush years has, in itself, had the ability to raise tax revenues.

Here's how,

The U.S.A. borrows the money, pays the workers, and the workers pay income tax. If the construction company is unlucky, it may have to pay some corporate tax too.   This is one project, now multiply all the above by 14,287. Feel free to pick another country to borrow from.

Feel free to double the size of the Department of Education. Feel free to increase entitlement spending with Medicare Prescription (part D), and free to spend $150 billion on two wars, every year, and, in general, feel free to increase domestic spending across the board. Well, sorry, I lied, cut Amtrak, but who needs mass transit when the President tells us, "we are addicted to foreign oil as never before."

The USA went from a deficit of $4 to $9 trillion the past seven years. It only took 200 years to get to $4 trillion. This total outstanding debt works out to about $33,000 per person in the USA. Now those tax cuts do feel good at the moment, but is there any upper limit to our nation's credit card?

You got it. China.

The US taxpayer is subsidizing t-shirt manufacturing in China.  Go Figure!  Tom Delay’s district gets a lion’s share of the handouts.  Great work, Tommy Boy!

Check out these figures for farm welfare handouts from www.mulchblog.com.

Cotton subsidies for Texas

    Fred Thompson was asked during a Republican  Presidential debate to name one thing he would cut from the federal budget.  He said, "privatizing social security would be a budget cut that I will push for."  WRONG.

    Nothing could be further from the truth; privatizing social security.….is a short to medium term spending INCREASE.
    Under their most rosy of scenarios the private account system doesn't pay off until the young people that use it start to retire 30 years from now.  As young people divert their funds from the Social Security trust fund to their own retirement accounts then two to three trillion dollars will have to be borrowed, most likely from the Chinese, to pay those already retired and those nearing retirement.

    Let's see, one trillion dollars at a 5% interest rate is $50 billion a year.  It's time to look at this $100-$150 billion per year spending increase with eyes wide open!

Here's another poorly expressed thought on talking about privatizing Social Security. 

I can't stand it when self-named Conservatives say that "the Social Security Trust Fund is backed up by nothing but junk IOU's."   That has to be an un-Patriotic statement. 

Here's why.   Most stockbrokers, security analysts, investment bankers and certified financial analysts would agree that US treasury securities are the soundest, safest, most conservative investments in the world.   Why, because they are backed by the good faith of the US government and its citizens to repay their debts. The United States of America has a long history of repaying its debts. Our country has never defaulted. The taxpayers of the United States have a strong backbone and keen sense of fiduciary responsibility. Who would dare dispute that?

In fact, to dispute it, is to commit an act forbidden by the U.S. Constitution!

AMENDMENT XIV, Section 4. "The validity of the public debt of the United States, authorized by law…shall not be questioned."

When a person equates the Social Security Trust Fund with junk, is this not questioning the debt of the United States?    When people bad-mouth Americans and our great country is this not an un-Patriotic act?   Some might even say, that the people calling our debt "junk", do indeed hate America! 

This is a talking point that should be eviscerated from the mouths of self-named Conservatives.

An act to prevent U.S. troops from serving under United Nations command unless the president determines it is necessary for the purposes of national security, to cut US payments for UN peacekeeping operations, and to help establish guidelines for the voluntary integration of former Warsaw Pact nations into NATO.

A Conversation overheard at a gym between two guys on treadmills. One guy was dressed in a yellow shirt called Lance, and the other, rather pudgy, is called Mr. Bean.

Mr. Bean - "Did you see the space-shuttle launch today?"

Lance - "No, I never watch it, I actually think people, in space, is a big waste of money."

Mr. Bean - "Wow, don't you think thinking like that is un-American?"

Lance - "No, I just think it's a big waste of money."

Mr. Bean - "Our country has learned so much science and technology from the space program, don't you think so?"

Lance - "Well, that may have been true when we went to the moon over 40 YEARS AGO, but now… are you kidding?"

Mr. Bean - "Yeah, but it motivates young people to want to learn science and technology."

Lance - "You got me there, Mr. Bean, I mean, our high school kids are number one in science and technology amongst the industrial countries, aren't they?"

Mr. Bean - "Well, actually, we are pretty close to dead freaking last."

Mr. Bean -   "God, you must be old Lance, but it makes me feel so proud to be an American when I see a space-shuttle launch."

Mr. Bean - "Wouldn't it be cool to go there again and have an American jump off the mother ship and plant the USA flag there."

Lance - "How much is that gonna cost?"

Mr. Bean - "Who cares?"

Lance - "Don't you think it's more important to put all that money into giving small and medium size technology companies investment tax credits that make microprocessors, memory chips, personal computers, mp3 and DVD players, HDTV's, biotech, nano-technology and other consumer goods that people buy?"

Mr. Bean - "No way, I just buy that stuff from Japanese, Korean, Taiwanese and Chinese companies."

Lance - "Hey, did you ever make that model of the lunar landing module when you were a kid?"

Mr. Bean - "Yeah, the one advertised in TV Guide for a dime? That was REAL COOOOL, the hardest part was to get that crinkly "gold" foil on."

Lance - "Gee wiz, you must be as old as me! 

Mr. Bean – "I'll bet you the models are made here in the good ole USA!"

Lance – "You got me there."

Oh, by the way, Mr. Bean is a self-described libertarian who votes Republican, drones on incessantly about tax cuts and says he HATES the government.

And Lance believes that the space-shuttle, the International Space Station, a future moon base and going back to Mars is a big waste of taxpayer's dollars and is a self-described secular-progressive.  

Go Figure!!